Media reports indicate that the Ruias controlled Essar Projects wants to diversify its operation beyond the basic engineering, procurement and construction (EPC) services it offers to clients. As part of this strategy, the company acquires a small stake in the projects that it executes for its global client
Tag: engineering
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IOC ropes in Essar Projects for safety improvement project
Indian Oil Corporation (IOC) roped in Dubai-based engineering firm Essar Projects to implement process safety related improvements at its terminals and depots across the country. According to the contract, Essar Projects is responsible for basic and detailed design and project management relating to implementation of various HSE requirements in 109 POL terminals or depots of IOC acro
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National Highway works to be taken up on EPC mode
For time-bound and faster completion of National Highway (NH) projects in Kerala, all works including improvement, development, and maintenance of roads and bridges on NH stretches passing through the State, will be taken up in the EPC (Engineering, Procurement and Construction) mode. The decision to adopt the EPC mode instead of the item rate contracts comes in the wake of the latest guidelines issued by the Union Ministry of Road Transports and Highways (MRTH), say sources.
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Govt to include panel suggestions for future JNNSM projects
Union ministry for New and Renewable Energy said it incorporated the suggestions given by an inter-ministerial committee to strengthen guidelines for selecting EPC contractors for projects under the Jawaharlal Nehru National Solar Mission (JNNSM). Following allegation of irregularities in implementing projects under JNNSM, the ministry set up the inter-minis
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Net profit of R-Infra rises 76%
During Jan-Mar 2013, the net profit of Reliance Infrastructure (R-Infra) grew a whopping 76 per cent to Rs 725 crore from Rs 411 crore in the year-ago period. However, the firm's total income from operations declined 15.3 per cent to Rs 6,187 crore from Rs 7,135 crore in the same quarter of 2011-12. The decline in incom
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Developers bid aggressively for EPC projects
National Highways Authority of India (NHAI) offered five of the six road projects awarded in April 2013, covering a total length of 339 km, under the engineering procurement construction or (EPC) mode. The authority awarded the remaining one project on the BOT-toll (build operate transfer) model, the predominant format under which projects were being offer
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The ultimate winner
With his dedication, strong work conviction and meticulous approach towards achieving his goal, Dr Santosh Sundararajan became the CEO of Vascon Engineers in November 2011. He has around 15 years of experience in the construction and engineering sector.
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Govt takes steps to accelerate award of road projects
The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways
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Govt takes steps to accelerate award of road projects
The central government is reportedly taking steps to accelerate award of road projects under public private partnership (PPP) model. As part of this move, the union finance ministry plans to streamline the approval process for road projects, in line with the suggestion of the ministry of road transport and highways
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Govt to adopt EPC model again for road projects
Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor interest shown by developers for PPP (BOT) model. It is learnt that the recent award of road projects witnessed a considerable decline in the number of bidders on the BOT toll basis